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Arrow Minerals Extends Known Niagara Bauxite Mineralisation

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THE DRILL SERGEANT: Arrow Minerals (ASX: AMD) reported assays from a maiden drilling program recently conducted on the company’s Niagara bauxite project in Guinea.

Arrow Minerals delivered the second batch of results its first drilling at the Niagara bauxite project, which it reported to have defined high-grade bauxite to over five kilometres cumulative strike within trucking distance of a multi-user railway.

Results from the latest batch of assays include:

BS000020
7 metres at 49.4 per cent aluminium oxide (Al2O3), 0.7 per cent silicon dioxide (SiO2) from surface;

BS000035
6m at 48.3 per cent Al2O3, 2.6 per cent SiO2 from surface;

BS000036
6m at 45.7 per cent Al2O3, 1 per cent SiO2 from surface;

BS000040
5m at 49.5 per cent Al2O3, 3 per cent SiO2 from surface;

BS000042
8m at 43.3 per cent Al2O3, 3.3 per cent SiO2 from 6m; and

BS000043
3m at 45.5 per cent Al2O3, 2 per cent SiO2 from 3m.

Arrow indicated it still has assays from another 90 holes pending.

“These are more strong results which have delineated three broad zones of mineralisation from surface over a combined 5km strike length within trucking distance of a multi-user railway at a time of record alumina and bauxite prices,” Arrow Minerals managing director David Flanagan said in the company’s ASX announcement.

“Guinea is the world’s largest and most important supplier of high-quality bauxite.

“These results are comfortably in line with the product that has made Guinea the world’s number one bauxite producer.

“Guinea bauxite is in high demand contributing approximately 30% of global consumption and at 45% Al2O3 and 3% SiO2 is currently approaching US$100/t CIF China.

“Arrow is focused on achieving its goal to be a low-capital, highly profitable mining operation that will serve as a platform for future growth.

“We are very excited about our drilling results and look forward to receiving more over the coming weeks, with the goal of estimating resources to form the basis for our planned Scoping Study to follow in the first half of 2025.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

 

Arrow Minerals Gets Drilling Underway at Vranso Project in Burkina Faso

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THE DRILL SERGEANT: Arrow Minerals (ASX: AMD) has begun a reverse circulation (RC) drilling program at the company’s Vranso project in Burkina Faso.

Arrow Minerals is drilling four advanced stage drill-ready prospects that company has identified within a 20 kilometre radius of the Perkoa zinc mine via a data compilation and integration exercise that captured historical geochemical, geophysical, and geological information covering the 1,300 square kilometres area of the project.

The program will entail around 50 holes designed to systematically test for extensive shallow high-grade gold mineralisation at the Dassa, Guido, Semapoun, and Bantole prospects.

“The commencement of Arrow’s drilling program on the Vranso project is the culmination of a concerted effort, following the identification of an outstanding gold exploration opportunity by the company,” Arrow Minerals managing director Howard Golden said in the company’s ASX announcement.

“We have consolidated an enviable land position in a prolific gold belt with a huge cache of historical data that has sat dormant in terms of gold exploration for the past 10 years.

“Arrow is now pursuing an aggressive exploration campaign to define shallow gold deposits amenable to open pit mining in an area with excellent infrastructure within Burkina Faso.

“With an experienced and well-funded team in place, a multi-faceted field program will be executed over the coming months.”

 

 

 

Email: info@arrowminerals.com.au

 

Web: www.arrowminerals.com.au